Northann (Northann) Debt-to-Equity : 10.12 (As of Dec. 2023)

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What is Northann Debt-to-Equity?

Northann's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5.72 Mil. Northann's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.18 Mil. Northann's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $0.58 Mil. Northann's debt to equity for the quarter that ended in Dec. 2023 was 10.12.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Northann's Debt-to-Equity or its related term are showing as below:

NCL' s Debt-to-Equity Range Over the Past 10 Years
Min: -15.87 Med: -0.36 Max: 10.12
Current: 10.12

During the past 4 years, the highest Debt-to-Equity Ratio of Northann was 10.12. The lowest was -15.87. And the median was -0.36.

NCL's Debt-to-Equity is ranked worse than
100% of 382 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.35 vs NCL: 10.12

Northann Debt-to-Equity Historical Data

The historical data trend for Northann's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Northann Debt-to-Equity Chart

Northann Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

-4.49

-15.87

3.78

10.12

Northann Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial						3.78	2.98	4.22	-3.85	10.12

Competitive Comparison of Northann's Debt-to-Equity

For the Furnishings, Fixtures & Appliances subindustry, Northann's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Northann's Debt-to-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Northann's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Northann's Debt-to-Equity falls into.

Northann Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Northann's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(5.721	+	0.181)	/	0.583
	=	10.12

Northann's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(5.721	+	0.181)	/	0.583
	=	10.12

Northann (AMEX:NCL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Northann Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Northann's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Northann (Northann) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Northann Corp (AMEX:NCL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Northann Distribution Center Inc, 9820 Dino Drive, Suite 110, Elk Grove, CA, USA, 95624

Website

https://www.northann.com

Northann Corp is an American technology innovator and producer of natural and sustainable material-based products for interior finishes. It is a leading provider of 3D printing technology in the home improvement industry. the company use its cutting-edge technology to produce high-quality floorings, wall panels, and decorative panels.

Executives

Scott Brady Powell	director	700 1ST STREET, #17J, HOBOKEN NJ 07030
Schaefer Charles James Iv	director	C/O NORTHANN DISTRIBUTION CENTER INC., 9820 DINO DRIVE, SUITE 110, ELK GROVE CA 95624
Kurt W. Winn	director, officer: Chief Operating Officer	C/O NORTHANN DISTRIBUTION CENTER INC., 9820 DINO DRIVE, SUITE 110, ELK GROVE CA 95624
Bradley Charles Lalonde	director	C/O NORTHANN DISTRIBUTION CENTER INC., 9820 DINO DRIVE, SUITE 110, ELK GROVE CA 95624

Northann (Northann) Headlines

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